Globally, the market for Tubeless Tire is growing at a CAGR of 7.15% during the forecast period (2017-2023). The tubeless tire also known as inflated tires, does not require any inner tube inside the tire. It consists of a molded rim, through which air is inserted inside the tire to seal the projections of the wheel rim. The tradition tires had a tube inserted into the wheel, which is not sustainable for a longer time. Tubeless tires are sustainable for longer period, due to which it is safer than tube…

According to the National Development and Reform Commission, the Ministry of Finance, and the National Energy Administration, the standard on-grid power prices of photovoltaic power station newly put into running will decrease by 0.05 CNY/kWh. Ordinary photovoltaic power stations except those connected with the grid before May 31 will no longer obtain subsidy this year. The subsidy policy for distributed photovoltaic power generation has also been tightened with an annual upper limit of 10GW. This policy accelerated the decline of photovoltaic industry subsidy, and photovoltaic enterprises cannot count on subsidy…

(1) The industry scale grew steadily. In 2017, the production volume of polysilicon was 242,000 tons, increasing by 24.7% YOY; the wafer production reached 87 GW, going up by 34.3% YOY; the solar cell output was 68 GW, with an increase of 33.3% YOY; the solar module output reached 76 GW, increasing by 31.7% YOY. The production scale of each joint along the industry chain accounted for more than 50% of the world’s total, ranking first in the world. Related report: Research Report on China’s Solar Polysilicon Industry, 2018-2022 (2) The technology…

In 2017, the supply-side reform brought aluminum to the spotlight and also constantly lifted its price. Since 2000, the global supply and demand for electrolytic aluminum has increased significantly, from 24 million tons that year to the current volume of 63 million tons, with an increase of 160%. More than 80% of the increase came from China. Now China’s electrolytic aluminum production and sales account for over 50% of the world’s total. In 2017, the output of electrolytic aluminum in China was 14.8 times of that in 2000, with the…

Power generation by sources of energy in China in 2016 In 2016, thermal power plants constituted the largest share in the power generation mix in China, accounting for approximately 71.6% of the total national power generation. Hydropower takes the second highest share, accounting for approximately 19.7% of the total power generation. Of the thermal power generation fleet in China, combined heat and power generation is an important sub-segment. In 2014, combined heat and power (“CHP”) generation capacity in China reached approximately 280.1 GW, accounting for approximately 30.3% of the total…

Congo-Kinshasa has the world’s largest reserves of cobalt ores, representing 50%. The country also ranked first in terms of production volume of cobalt ores. Its annual production volume of cobalt maintained between 70,000 tons and 90,000 tons for the previous three years, accounting for over 70% of the global volume. The ore grade of cobalt in Congo-Kinshasa is mainly evaluated between 0.3% and 0.5%, much better than that in other places of origin. Generally, 8%-10% of local ores are for open-pit mining. It is estimated that the added global production…

Plastic is defined as a synthetic material made from a wide range of organic polymers that can be melted and moulded into a desired shape and set into a stable form with the use of plastic mould. In general, plastic can be categorized into thermoplastic and thermosetting plastic. The former one can be remelted into liquid while the latter one always remains a permanent solid state. Common characteristics of plastics include (i) chemical resistance, (ii) outstanding insulating properties, (iii) light, (iv) ease of processing and (v) wide range of application.…

Due to continuous modernization and urbanization over the past years, China experiences huge energy demand and is one of major oil and petroleum consuming economies in the world. The following figures set out China’s production, consumption and import profile over the 5-year period from 2011 to 2015. While China’s oil production grew at a CAGR of approximately 1.4%, it could not catch up the consumption growth at a CAGR of approximately 5.0% over the same period, resulting in the shortfall being fulfilled by import. In 2015, the oil import in…

Despite having a massive volume of water resources at around 2,831 billion tons, China is one of the world’s most water deficient countries. Its per capita freshwater resource of 2,059 tons is less than a third of global average. Exacerbating this water shortage is China’s growing demand for water driven by China’s rapid economic development as well as growing and increasingly urbanized population. Between 2010 and 2015, China’s population grew from 1,340.9 million to 1,374.6 million. Frost and Sullivan estimates that by 2020, China’s population will grow to 1,411.2 million.…

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